Lowest P/E Ratio in the Paper Packaging Industry Detected in Shares of Packaging of America (PKG, SEE, GPK, SON, BMS)
Below are the three companies in the Paper Packaging industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
Packaging of America ranks lowest with a a P/E ratio of 17.49. Following is Sealed Air with a a P/E ratio of 17.71. Graphic Packaging Holding ranks third lowest with a a P/E ratio of 18.34.
Sonoco Products follows with a a P/E ratio of 20.03, and Bemis rounds out the bottom five with a a P/E ratio of 20.06.
SmarTrend recommended that subscribers consider buying shares of Packaging of America on July 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $70.21. Since that recommendation, shares of Packaging of America have risen 21.8%. We continue to monitor Packaging of America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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